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Indian lawmaker calls for investigation into edtech giant Byju’s

An Indian lawmaker, Karti Chidambaram, called for an investigation into the finances of Byju’s, the country’s most valuable startup, for failing to submit financial statements for the fiscal year that ended in March 2021, which he claims violates a local law, as well as other “loopholes.”

Chidambaram, a Lok Sabha Member from Sivaganga, wrote to the country’s fraud regulator on Wednesday, requesting that they open an investigation into the finances of Byju’s, which, he pointed out, has yet to secure $250 million capital from its most recent funding round announced in March, has fired hundreds of employees, and is looking to acquire an American firm at a valuation of more than $2 billion.

by Siliconluxembourg

Would-be entrepreneurs have an extra helping hand from Luxembourg’s Chamber of Commerce, which has published a new practical guide. ‘Developing your business: actions to take and mistakes to avoid’, was written to respond to  the needs and answer the common questions of entrepreneurs.  “Testimonials, practical tools, expert insights and presentations from key players in our ecosystem have been brought together to create a comprehensive toolkit that you can consult at any stage of your journey,” the introduction… Source link

by WIRED

B&H Photo is one of our favorite places to shop for camera gear. If you’re ever in New York, head to the store to check out the giant overhead conveyor belt system that brings your purchase from the upper floors to the registers downstairs (yes, seriously, here’s a video). Fortunately B&H Photo’s website is here for the rest of us with some good deals on photo gear we love. Save on the Latest Gear at B&H Photo B&H Photo has plenty of great deals, including Nikon’s brand-new Z6III full-frame… Source link

by Gizmodo

Long before Edgar Wright’s The Running Man hits theaters this week, the director of Shaun of the Dead and Hot Fuzz had been thinking about making it. He read the original 1982 novel by Stephen King (under his pseudonym Richard Bachman) as a boy and excitedly went to theaters in 1987 to see the film version, starring Arnold Schwarzenegger. Wright enjoyed the adaptation but was a little let down by just how different it was from the novel. Years later, after he’d become a successful… Source link